Business

The dismal science is an inexact thing
Thoughts Along The Way

The dismal science is an inexact thing

April 22, 2013

I refer to the recent revelations of a graduate student’s finding that two of the world’s leading economists, Carmen Reinhart and Kenneth Rogoff, made an egregious Excel mistake. In a…

Report: Top 7% got richer during recovery
Business

Report: Top 7% got richer during recovery

April 22, 2013

The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of U.S. households, says a report…

New business boosts web visibility of Cortez
Business

New business boosts web visibility of Cortez

April 22, 2013

Derek Alvarez, a recent arrival in Cortez, noticed some similarities after living in a beach town in southern Albania close to Greece. Cortez and the Albanian town of Saranda depend…

Small businesses: Rule-breakers get an edge
Business

Small businesses: Rule-breakers get an edge

April 20, 2013

Consuelo Gomez, owner of Bellevue, Wash., property-management company “Marty K,” says her refusal to hire workers in the United States illegally puts her at a competitive disadvantage. She says she’s…

Economic data show slowing economy
Business

Economic data show slowing economy

April 20, 2013

The Conference Board says its index of leading indicators dipped 0.1 percent last month to 94.7. That’s the first decline after three months of gains. The gauge is designed to…

Tips for buying eyewear online
Business

Tips for buying eyewear online

April 20, 2013

Customers can’t pluck a pair of glasses from their smartphone screen to learn how they feel, but shoppers can try on frames virtually or have them delivered for a free…

Rate on 30-year mortgage falls to 3.41 percent
Business

Rate on 30-year mortgage falls to 3.41 percent

April 20, 2013

Mortgage buyer Freddie Mac says the average rate for the 30-year fixed loan dipped to 3.41 percent from 3.43 percent last week. That’s not far from the 3.31 percent rate…

Cost of owning a car? $9,000 a year
Business

Cost of owning a car? $9,000 a year

April 20, 2013

A new AAA reports shows, on average, the cost of driving 15,000 miles a year rose 1.17 cents to 60.8 cents per mile, or $9,122 per year. Overall, that’s about…

Monthly housing starts surpass 1 million
Business

Monthly housing starts surpass 1 million

April 15, 2013

The overall pace of homes started rose 7 percent from February to March to a seasonally adjusted annual rate of 1.04 million, the Commerce Department said Tuesday. Apartment construction, which…

Speed through the airport like a celebrity
Business

Speed through the airport like a celebrity

April 15, 2013

With the masses clogging up special security and boarding lanes, true VIPs are saying: Get me away from this chaos. And the airlines are listening. Just as they’ve made first…

Stocks rebound from year’s worst day
Business

Stocks rebound from year’s worst day

April 15, 2013

The Dow Jones industrial average rose 157.58 points, or 1.1 percent, on Tuesday, to 14,756.78, winning back more than half of the 265 points it lost a day earlier. The…

A good plan can make all the difference
Bottom Line

A good plan can make all the difference

April 15, 2013

This discipline is critically important for startup companies. Early stage startups don’t yet have sales to manage. They don’t have marketing plans against which to measure results. For these firms,…

Hacker currency gaining a following
Business

Hacker currency gaining a following

April 13, 2013

The Argentine software developer was dealing in bitcoins – getting an injection of the cybercurrency in exchange for a wad of real greenbacks he handed to a pair of Australian…

Dark trading spurs concerns
Business

Dark trading spurs concerns

April 13, 2013

As the stock market continues to climb, trading increasingly has migrated from established bourses like the New York Stock Exchange to private platforms, including dark pools, that are largely hidden…

What you need to know about Social Security
Business

What you need to know about Social Security

April 13, 2013

What do you need to know about Social Security? As a potential retiree, everything you can. Here are five of the most important things. It’s not particularly generous Social Security…